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CSPAN
Feb 6, 2013 1:00am EST
deficit, and these are decisions that will have real and lasting impacts on the strength and pace of our recovery. economists and business leaders from across the spectrum have said that our economy is poised for progress in 2013. and we've seen signs of this progress over the last several weeks. home prices continue to climb. car sales are at a five-year high. manufacturing has been strong. and we've created more than six million jobs in the last 35 months. but we've also seen the effects that political dysfunction can have on our economic progress. the drawn-out process for resolving the fiscal cliff hurt consumer confidence. the threat of massive automatic cuts have already started to affect business decisions. so we've been reminded that while it's critical for us to cut wasteful spending, we can't just cut our way to prosperity. deep, indiscriminate cuts to things like education and training, energy and national security will cost us jobs, and it will slow down our recovery. it's not the right thing to do for the economy. it's not the right thing for folks who are out there still lo
CSPAN
Feb 6, 2013 7:30am EST
to face and i think much more important is the very large, long run deficit that a thing all of us want our policymakers to come together and address how we're going to do with it. i think that's unfortunate will have to be front and center in the next year coming up with that. i sure hope it is. >> let's see, i think first thing just to mind ourselves out is that the impact of it president on the short-term macro economy is almost always exaggerated. presidents can have a big impact on the economy in the medium term and long run, largely -- and while the fed has cut aid to help they can should have a much bigger short-term effect, we immediately looked to the white house and said what are you going to be about the economy right now? dr. romer and i would have to go on tv and there is points and talk about the job supports and what would happen over the course of the next month and the thing that is so frustrating note in fact not much that you were doing action has a direct result what will happen over the course of the next month. i think it is interesting how the debate has shifted.
CNN
Feb 10, 2013 10:00am PST
rate today is higher than that of frugal canada. a new congressional budget office report says deficits are returning to precrisis levels within a few years. we don't need some big and grand bargain. even moderate reform on immigration, gun control, energy policy, and most difficult, the budget, would give a powerful boost to the country beyond any specific economic impact. you see, politicians could demonstrate that they could actually govern. everyone would get some credit. and america would finally have found a center. for more on this, you can red read my column in this week's "time" magazine. let's get started. >>> so now you know my thoughts on how the white house and congress can get some work done. let's get straight to what other people think. joining me today, paul krugman, op-ed columnist for "the new york times," the author of "end this depression now" just out in paper back and on "the new york times" bestseller list. mort zuckerman, publisher of u.s. news and world report, publisher of "the daily news" and he has a few real estate holdings here and there. arianna huffingto
CSPAN
Feb 5, 2013 8:00pm EST
we are projected to the a big deficit below one of a trillion for the first time in five years. later, the mayor of san antonio and justified -- testifies on capitol hill about immigration policy. some of the automatic spending cuts delayed in december are scheduled to take effect next month. on the next "washington journal," we will talk about those cuts and program such as medicare and social security. severna, 40 5:00 a.m. eastern. our guest is from texas, and at 8:0020, a democratic congressman, henry waxman, of california, on efforts to combat climate change. your phone calls and tweeds, "washington journal," 7:00 a.m. on c-span. president obama announced his plan to avoid automatic spending cuts known as sequestration scheduled to begin march 1. it is including tax changes. the president spoke to reporters for just over five minutes. >> good afternoon, everybody. i wanted to say a few words about the looming deadlines and decisions that we face on our budget and on our deficit, and these are decisions that will have real and lasting impacts on the strength and pace of our recove
CSPAN
Feb 3, 2013 9:00pm EST
said this, when i think back myself of may 2010 when the u.k. deficit was at 11%, when you were in office, right? and i tried to imagine what the situation would be like today if no such fiscal consolidation program had been decided, i shiver. that is what the i.m.f. says about the plans of the last labor government. now, he raises the issue of growth. >> order! >> it is not acceptable to shout down either the prime minister or the leader of the opposition and the public have a very low opinion of that kind of behavior. let's hear the questions and hear the answers. the prime minister? >> he raises the issue of america and american growth. the fact is our recession was longer and deeper than the recession in america. the biggest banking bust was not an american bank, it was a british bank. they want to talk about tomorrow because he doesn't want to talk about yesterday when the two people responsible for the regulation of the bank and the performance of our economy are sitting right there on the opposition benches. >> once again, a completely incompensable answer, mr. speaker. i
MSNBC
Feb 6, 2013 3:00am PST
the budget deficit will drop below $1 trillion for the first time during obama's presidency. the congressional budget office which assumes that federal spending cuts will go into effect march 1st says the government will run a deficit of $845 billion this year compared to last year's $1.1 trillion shortfall. but the cbo's ten-year outlook predicts those improvements will not last. it warns that an aging population will drive up entitlement spending and rising interest rates will put the debt at unsustainable levels. if current laws remain in place, debt by 2023 only ten years from now will equal 77% of gdp. that's roughly double the 39% average seen over the past 40 years. >>> and president obama is asking lawmakers to take quick action as a march 1st deadline approaches that will trigger deep spending cuts. "the new york times" writes this morning that "mr. obama, who missed a deadline this week to submit his annual budget to congress, acknowledged on tuesday that a broader deficit agreement is unlikely to be reached by the march deadline. he provided no details about the t
MSNBC
Feb 7, 2013 10:00pm PST
that john boehner said about how we have handled deficits over the years. let's listen to this. >> at some point, washington has to deal with its spending problem. now, i've watched them kick this can down the road 22 years that i've been here. i've had enough of it. it's time to act. >> that is -- i'm trying to think of a word other than lie. kick the can down the road? we had a big tax increase in 1993 with president clinton along with big spending cuts. >> right. >> it was a deficit reduction package that worked. they continued to do more deficit reducing package with newt gingrich on the spending side throughout the decade and we're on our way to a surplus. >> that's right. i've been calling it the undecade, the 1990s has been written out of their record. they would have you believe that it was always the way it was under reagan and then bush. >> why don't they just say, leave off the clinton tax increase, which helped a lot, and just claim they did it for spending cuts? >> because if they do, if they admit that something nice happened in the '90s, they have to say, what happened after
FOX News
Feb 9, 2013 1:00pm PST
to healthcare. 30% say they are concerned about the economy followed by education and the federal deficit. other top concerns include the decline of moral values, job market, gun laws and taxes. shara joins us staff writer for roll call. president was criticized for failing to talk about in his inauguration address the most important issues plaguing americans, joblessless ns and economy. would you expect him to talk about this time? >> absolutely. you are right. just a few weeks during inauguration address, president threw a lot of bones to his party. mentioned climate change and gun control and all these issues, everything we heard from the white house indicates that the president's state of the union is going to be a very different speech. they say it is going compliment his inauguration speech but it's going to focus on economic issues. >> gregg: i wonder what he can say. look. facts are difficult. unemployment is worse than when he took office. nonpartisan cbo says it is not going to get any better. they say it's going to be about 8%. they also say that obamacare and his promise of keeping y
LINKTV
Feb 11, 2013 2:00pm PST
deficit spending a dangerous measure. fdr spent the 1932 campaign declaring his faith in a balanced budget and blasting hoover as a big spender. roosevelt combined his criticism of republican deficits with an appeal to "the forgotten man." in november, "the forgotten man" spoke. millions voted for roosevelt and hoped. but in the four months before inauguration, the depression grew deeper. in march 1933, roosevelt was the leader of a nation with 1/4 of its work force unemployed. something had to be done. so first of all, let me assert my firm belief that the only thing we have to fear is fear itself. nameless, unreasoning, unjustified terror which paralyzes the... rosina tucker remembers the hope returning. uh, you remember his saying, "there's nothing to fear but fear itself." he had his fireside talks... and, uh... uh, the people listened to them all over the united states. they made it a point to have nothing to do during those fireside talks. they sort of... it seemed to me a sacred time, uh, as if a father was talking to his children who were afraid. it was in that period of despair th
NBC
Feb 6, 2013 11:00pm EST
a budget deficit, failing infrastructure as well as health care and pension benefits accounts for $1.30 billion of the potential shortfall. >> if we act now we cabn teens the trajectory. >> the mayor highlights of your key themes for cuts including identifying strategies to align recurring revenues, reducing property and income taxes, addressing infrastructure, and addressing the city's long-term liabilities. the mayor says she will get more specific about what cuts will be made during her state of the city address next week. if you'd like to take a closer look at our report, you can go to our website, wbaltv.com. >> president obama is hoping to get more democrats to support his second term plans. a push that came through annapolis today. he addressed senate democrats at a closed-door retreat. he delivered a preview of next week's state of the union speech in hopes of getting more lawmakers to back his efforts to reform medicare and immigration as well as his budget plans and assault weapons ban. today we learned florida senator marco rubio will deliver the republican response to the
MSNBC
Feb 6, 2013 2:30am PST
the deficit but americans do not support sacrificing real spending cuts for more tax hikes." >>> efforts by the white house to head off spending cuts come as a new government report predicts the budget deficit will drop below $1 trillion for the first time during obama's presidency. the congressional budget office which assumes that the cuts will go into effect march 1st says the government will run a deficit of $845 billion this year. that's compared to $1.1 trillion short fall. the outlook predicts the improvements will not last. it warns that an aging population will drive up retirement spending and rising interest rates will put the debt at unsustainable level it's current laws remain in place, debt by 2023 will equal 77% of gross domestic product. that is roughly double the 39% average seen over the past 40 years. >>> coming off the republicans' bruising defeat, eric cantor is looking to rebrand his party n a speech at a d.c. think tank, he moved away from his combative tone expressing a need to work on issues with president obama important to the nation. >> hour house majority will
CSPAN
Feb 11, 2013 12:00pm EST
in washington. >> so it is almost a false argument to say we have a spending problem. we have a budget deficit problem that we have to address. right now we have low interest on the national debt, and a good time for us the to act to lower that deficit. we think the deficit and the national debt are at immoral levels. we think they must be reduced. we're sick and tired of paying interest on the national debt, and that's 15%. that's a large percentage of the budget. it's lower now because of the lower interest rate. >> host: so on this debate, spending cuts versus tax increases, here's what the washington times writes in their editorial: as mr. thornton points out, the rel break from fiscal prudent happens inside 1970s between 1970 and 2007. spending jumped to an average of close to 21% of gdp while revenues rose to around 18% of gdp. >> host: social security, medicare and medicaid are the biggest culprits in the spending spike. these entitlements were responsible for about 5% of federal be spend anything 1950, a figure that jumped to almost 16% in 2010. >> host: that's the washington times edi
CSPAN
Feb 4, 2013 7:00am EST
with smarter spending reductions to bring down the deficit. we can do it in a gradual way so that there is less of an impact. these deductions that certain folks can take advantage of, the average person cannot. not everyone has access to cayman island accounts, the average person does not have access to carry interest income, where they wind up paying a much lower rate on the billions that they earned. we want to make sure that the whole system is fair and transparent and that we are reducing our deficit in a way that does not hamper growth and reduce the kinds of strategies that we need in order to make sure that we are creating a strong middle-class. host: jim from south carolina, on the republican line, good morning. caller: how are you? host: well, thank you. caller: you keep mentioning and hearing people talking about pensions, but pensions are just invested the same way that 401k is. stocks and bonds. people with pensions lost money as well. i heard cases where people were not going to get as much money. if someone is manages their 401k, i do not know, it needs to be managed properly and
CSPAN
Feb 8, 2013 11:00pm EST
innovation and all that and then we looking global markets that began to cut the trade deficit. >> okay, next squishing. anybody else have one? okay, create, over here. >> hi, i'm sure chris, former hill staffer. we are earlier atlantic is involved in the economic issues because they're important to national security issues and we heard in this discussion how people produce valuable things for themselves at home and in the internet age we've had an instance where hundreds of millions of people have gained access to more information than we've ever had before creating tremendous value for all of them and a lot of it is missed in economic measurements in gdp. so before going to be taking some of the panelists have said, a lot of value from factories into our home, they're going to be missed by traditional economic measurements. are we going to reconcile that and how are we going to do with? [inaudible] >> i think there's no question they're abruptly important measurement issues. if you have an economy that is still solely on material objects, it's a lot easier to count things to say, do they ma
CSPAN
Feb 10, 2013 6:30pm EST
are talking about this issue or our deficit issue, to understand the demographic changes that are happening in and around the country. it is also the case -- i know you have been talking about manufacturing. we have a lot of jobs in this country that are unfilled. as a former superintendent of schools, i can tell you that my first priority is that we have to fill those jobs here. we are doing a horrendous job of preparing people for the stem fields that are required to make sure this country actually leads the world in advanced manufacturing. there is so much more we can do. we have not begun to do what we need to do for kids in this country to be ready for the 21st century. while we do that, it seems to me that it makes no sense for us to be saying to people that have acquired advanced degrees here and our foreign nationals, whose education we subsidized, but for a answer, because of obsolete caps that do not make sense, if that that ought to go build a business to compete with people in the united states. we need those folks here, to be able to drive innovation here. >> senator rubio is g
FOX
Feb 6, 2013 7:00am EST
've had enough. they think the spending cuts are the only way to achieve true deficit reduction. back to you. >> all right, melanie. thank you very much. >>> president obama's pick to head the cia. a justice department memo leaked yesterday outlined the justification for killing american citizens without a trial if they are working with al-qaida. learning about a secret u.s. drone base first reported by the new york times. did not object to water boarding al-qaida terrorists though now he opposes that technique. >> fbi is combing over -- investigators have revealed they found two explosive devices on the suspect's property. one was in the ventilation pipe authorities were using to communicate with that man. the other was inside the bunker. dykes was killed by swat agents as they engaged in a fire fight as they stormed the bunker and rescued the boy. >> the murder case heads back to court in dc. a judge will hold a hearing to decide if the media should have documents related to secret hearings. the meetings allegedly focused on an issue with trial witness. convicted of killing levy bac
CNBC
Feb 11, 2013 6:00am EST
've taken. they've taken three quarters of the potential revenue for deficit balancing off the table. >> they is? >> congress. >> or are we saying the democrats, the president? >> everybody. this is what they all agreed to, right? so that's problem number one. problem number two is on the spending side, now are we going to make serious cuts or not? i don't think they are unless we go over the cliff. there's not going to be any opportunity to cut pentagon spending in any serious way if you don't go over the cliff. so there is some stuff in there that i as a democrat don't like. but i think everybody's going to put something in the pot in order to balance the deficit. we did a lousy job in january on the tax side and i hope that -- i think it's better to go over the cliff than do a lousy job -- >> how many people do you know on your side of the field who actually agree with you? >> very few. look they're politicians. they want to spend as much money as they possibly can and they don't want to pay for it. >> who agrees with you? >> oh, i don't know. i bet -- oh, god, joe agrees with me.
MSNBC
Feb 11, 2013 3:00am PST
'll be following this. >>> to washington now. members of congress remain focused on deficits, spending and how to head off the looming sequestration cuts poised to kick in early next month. in separate interviews on sunday, house minority leader nancy pelosi and majority leader eric cantor laid out the economic dividing lines. >> what we need is growth. we need growth with jobs. and if you have spending cuts, education of our children and other investments like the national institutes of health where you are hindering growth, you're not going to reduce the deficit. so it is almost a false argument to say we have a spending problem. we have a budget deficit problem that we have to address. we think the deficit and the national debt are at immoral levels. we think they must be reduced. we're sick and tired of paying interest on the national debt. and that's 15% -- that's a large percentage of the budget. >> the tax fight for the president means higher taxes, more revenue. again, we can't be raising taxes every three months in this town, david. and you know, the bottom line is we want tax reform,
MSNBC
Feb 8, 2013 7:00am PST
the economy is in a recession or if it it's sagging, then you need deficit spending to get it moving. republicans used to agree with that. even in 2007 and 2008, they were proposing different stimulus measures. they no longer agree with the idea that they get the economy moving in a rough time. so maybe you have to actually have some spending cuts go into effect and see the effect on the economy for them to recognize the fact that oh, yes, if we take this money out of the economy, the economy will go down. that's what happened last quarter. if you hit the pentagon and if you hit domestic spending there's no question that the economy will retreat. so maybe they actually have to see that happen and then there will be some type of political reckoning and a turnaround and we can talk rationally about how to get this economy going again and create jobs. >> of course the president insisted -- and he talked about this yesterday -- he thinks we have to stop lurching from crisis to crisis. >> we continue to have these self-inflicted crisis here in washington that suddenly leads everybody to t
FOX
Feb 7, 2013 5:00pm EST
, the city is facing 3 deficit..... and according to city consultants, that will billion dollars in the next &pdecade if thh city oeen't change its course..- he mmyor delivered the news yesterray when she releassd a grim forecast of the city's financial future. pith the highest taxes in the pttte....always seem toobe broke? the mayor blamee &pheallhhcare and pension costs 3 tonight, sme critics are blamiig city leaderssfor &pcrrating a pension rogram which....they cannot fund. -33 3 2:19:48would put so much eephasisson retirement - benefits, when you doostatic workkorce." & tonight attten, 33&p tonight at ten, we'll pake a hard look at the siie offcity governmmnt. the city may be shrinking....but is youu overnment ssrrnking too....:? jjff abell, foo p5, ews at five. 3 a... judge ...has dismissed a lawsuit... & over the mmyyr's lan... to install a phone systtmm.. for baltimore city eeployees. employees.the suit... -3& wws... filed by 33 ppatt..../she claimed... mayor ...administ
CSPAN
Feb 4, 2013 5:00pm EST
of a man, but he actually tripled the deficit and debt and expanded the size of government to or proportions, the same as george bush and republicans always blamed democrats, even though clinton and obama both have lower the deficit if you look at the treasury's website for every fiscal year. every single republican from nixon to george bush as we expanded the deficit greatly. the congress didn't change. it is just the president, but it's always blamed on congress. whenever credit given, they want all the credit, none of the responsibility. republicans will say divisive things. zero, this birth certificate or you're not american enough for denver. >> guest: three things. as a general matter, members of those party blame the other party. president obama more than any in my lifetime has landed the republican party and generally been whining or can need more excuses than any president. he seemed as if he couldn't give a speech for a while without claiming everything, including athletes foot on george w. bush. that gets tiresome after a while. but the criteria is claiming the o
CBS
Feb 4, 2013 6:30pm EST
to be serious about reducing our deficit, can we combine some smart spending cuts-- because there's still some waste in government-- can we reform our health care programs in particular, because we spaend lot more on health care than every other country does and we don't get better outcomes. so there's a lot of waste in the system and there are things that we can do to reduce health care costs. and can we close some loopholes and deductions that folks who are well connected and have a lot of accounts and lawyers can take advantage of so they end up paying lower rates than a bus drifr or a cop, can we close some of those loopholes? if you combine those things together then we cannot only reduce our deficit but we can continue to invest in things like education and research and development that are going to help us grow. >> pelley: without raising rates again? >> without raising rates again. >> pelley: the president also made news with his opinion on the boy scouts. the national board of the boy scouts of america may decide this week whether to end its long-standing ban on gays in scouting. shou
CBS
Feb 6, 2013 4:30am EST
't want another temporary fix if there's no long-term agreement to reduce the deficit. some house republicans have indicated they will let the steep automatic cuts take effect. those would take a huge bite out of military and domestic programs. >>> democrats in the virginia state senate have rejected two amendments that would have provided funding for transportation projects in the state. one of the amendments would replace governor mcdonnell's retail sales tax increase with a narrow 5.5% wholesale tax on gasoline. the second amendment would have set the retail fuel tax at 8%. governor mcdonnell issued a statement which said clearly this was all about partisanship, not policy and virginians deserve far better from their elected officials. >>> d.c. mayor gray vincent unveiled new proposals in his annual state of the district address. >> we are growing more than in decades with 30,000 new residents in the last two years, a growth rate of more than 1100 net new residents per month. >> the mayor proposed spending millions of dollars to build and preserve affordable housing. he also wa
MSNBC
Feb 5, 2013 3:00am PST
like the deficit in the ryan budget was we will save unbelievable amounts of money by turning medicaid over to the states and somehow they will figure it out. >> that's more information than other people are putting out. >> talk about missing deadlines, now this is a really low bar. >> what is the democratic plan in the senate, let's say, or in the white house, to save medicar medicare? >> medicare actually - actually -- interesting you focus on that. medicare has been a pretty good story the past few years. my view is double down on things happening. medicare grew only by 3% last fiscal year, unbelievable low by standards. >> will you take that gamble >> for the next five years, i will take a 50/50 bet medicare will continue to grow at much slower rates than historically. >> down to 2 1/2, 3% the next couple years. >> that will tick up a little bit as the economy picks back up but i don't think we'll see the 10% growth rate. >> so you don't think medicare is a problem? >> it is a problem but this is one area better than official projections. >> what about medicaid. >> medicaid. big pr
CSPAN
Feb 11, 2013 8:30am EST
two years ago the largest structural deficit in our budget was faced by new mexicans in the history of new mexico. skeptics said we could not balance the budget without east a massive -- without either a massive tax increase or making deep cuts to classroom spending and to medicaid. but we came together in a bipartisan manner, and together we proved the skeptics wrong. [applause] for two years in a row, we compromised and passed good, balanced budgets. we protected critical priorities like classroom spending and basic health care for the most vulnerable. we protected childcare for working moms, school clothes for kids in need. and let's remember we accomplished all of this without raising taxes. [applause] not only did we eliminate the deficit, we created a surplus. this wasn't a republican accomplishment or a democratic accomplishment. it was an accomplishment we achieved together. the next year we used those surplus tax dollars wisely. we put some in our state savings account, increasing our reserve levels. we used some to increase funding for education, targeting reading and earl
MSNBC
Feb 8, 2013 3:00am PST
're brewed by starbucks. coming up next, how can washington solve the deficit and spur growth? "new york times" washington bureau chief david leonhard may have the answers, and he joins us live next. this happy couple used capital one venture miles for their "destination wedding." double miles you can "actually" use. but with those single mile travel cards... [ bridesmaid ] blacked out... but i'm a bridesmaid. oh! "x" marks the spot she'll never sit. but i bought a dress! a toast... ...to the capital one venture card. fly any airline, any flight, anytime. double miles you can actually use. what a coincidence? what's in your wallet? [ all screaming ] watch the elbows ladies. a talking car. but i'll tell you what impresses me. a talking train. this ge locomotive can tell you exactly where it is, what it's carrying, while using less fuel. delivering whatever the world needs, when it needs it. ♪ after all, what's the point of talking if you don't have something important to say? ♪ if you don't have something important to say? [ female announcer ] some people like to pretend a flood could
FOX News
Feb 8, 2013 6:00pm PST
up next -- >> our deficit is a big problem. think about it. and our national debt, $16.5 trillion. you think that's not a lot of money? >> sean: with the president steps away, my next guest had the courage to speak truth to power. world-renowned surgeon dr. benjamin carson joins me after the break. and we're tracking the super storm blizzard now battering the northeast. a live report on that storm is coming up next. we continue to monitor the situation and manhunt in california right here on "hannity." [ male announcer ] i've seen incredib things. otherworldly things. but there are some things i've never seen before. this ge jet engine can understand 5,000 data samples per second. which is good for business. because planes use less fuel, spend less time on the ground and more time in the air. suddenly, faraway places don't seem so...far away. ♪ hmm, we need a new game. ♪ that'll save the day. ♪ so will bounty select-a-size. it's the smaller powerful sheet. the only one with trap + lock technology. look! one select-a-size sheet of bounty is 50% more absorbent than a full size
NBC
Feb 11, 2013 12:00pm EST
cuts and she has given hands of the changes and that will include eliminating the structural deficit and altering the city's tax structure to make baltimore more competitive for growth. >> if we act now, if we act decisively and boldly, we can change the trajectory for the city. >> the state of the city is at city hall at two o'clock this afternoon and will be streamed live on wbaltv.com. meanwhile, former maryland first lady, kendall ehrlich be jumping in the to the political sacred she will join a political delegate this afternoo in a form for candidates seeking to replace john leopold as anne arundel county executive. it will be held in odenton at 6:00 p.m. and applications for this it must be submitted by noon on friday. john label design -- resigned as county executive for a judge found him guilty of misconduct in office. the county council has 30 days to fill the seat with another republican. clean-up continues in new england this afternoon after this weekend's major snowstorm crews are rushing snow removal equipment to hamden, connecticut and other cities. there is they got --
NBC
Feb 6, 2013 4:30am EST
. but that we're looking at the smallest budget deficit since president obama has been in office, well under $1 trillion at $845 billion. and they say federal revenue, going up 25% in part because of that fiscal cliff deal. >>> well, a major decision expected from the boy scouts of america. national board members set to vote on whether to leave the decades-long ban on gay leaders and scouts. in texas, it is a controversial issue drawing fire from both sides and putting one of the country's largest youth organizations under a microscope. president obama said over the weekend scouting should be open to everyone while texas governor rick perry expressed the opposite opinion. local scout units will be able to decide on whether to leave gays to their ranks. and on the heels, the pentagon is announcing a policy shift. leon panetta is expected to expand some benefits to granting access to various spots on bases are said to be included. however, it remains droughtful that mental, dental, housing allowances would be offered under the new proposal. an extension of those benefits would require an appeal o
FOX
Feb 7, 2013 10:00pm EST
.../ says... the &pcity... could have... a budget deficit... of... more ttan... 700---million & dollars... over the nexx ecade. & ecadd. tonighh jeff abblll peports on some of the unnerlying reasons whh. 3 3 a grave assessment of the citt's fiscal future from he mayorrabs) 1-5"if we fail to acc. weewill enn up in the same situation as many other & dolllars in deficits for years &pto comebut why is a city with highest taxes in the stateaalwaas broke?fox 45 dug deeper into the numbers and found some disturbing - trendseven as the city's population shrinksbaltimore government has become 33 the costs...ppy and benefftt forrcity employees02:16::3"wee - were once thh 6th largest city ffom the us census bureau shows baltimooe citt payroll - rose by thirtt million dollars peroii when the city lost -3 30,,00 residentsand despite falling on the list of the nation's argest cities baltimore cootinues to employ & more workers than arger ciiiisslike denver and pheonix whhch are actually growing - 02:26:31"they're perversely p
FOX
Feb 9, 2013 6:00pm EST
to three is good. butler built a 17-point lead and gw does rally. the final minute, the deficit down to 5 and smith misses in the lane. the battle for the rebound and tipping it in finally. the colonials full -- pull to within 3. the one-possession game and under a minute to g. four seconds left, gw down 3. the inbound bound to joe mcdonald and loses the ball. appears to be fouled and kroma unable to get the shot off and lonagan want wants the fall and doesn't get the foul and falls to 14th-rank butler, 59-56. >>> and hughet and george mason hosting the delaware blue hens in fairfax and starting in the first half. the patriots trailing by 5. allen gives to okalosha hitting the 3-pointer, the deficit down to two and that is as close as george mason gets. the second half, mason down 6 and jonathan arledge misses from the stop and there is no luck with the rebound. and ahead to -- forward with the dunk and falls to delaware, 79-72. >>> the tech square off today and the hokies, they would miss the first 10 shots. yes, i said that and scoring the first, seven minutes into the game. eric gree
CNBC
Feb 6, 2013 6:00am EST
is turning to for advice on everything from the deficit to taxes to the broader economy. >>> then, after we talk to them, they're going to paint a picture for us, we're going to turn to two powerful investors for insight into what the conversation in washington means for the broader markets. cowen and company ceo jeff solomon will join us, and the bond king, bill gross. first, steve will bring us up to speed on the morning's top stories. steve? >> thank you, michelle. disney posting better than expected earnings and revenues after the bell. the company says it expects the next few quarters to be better on a stronger lineup of films and growing attendance at its theme parks. ceo bob iegory was on cnbc's "closing bell." >> you had a lot of ins and outs. basically, the trendser good. we had strong results at our domestic parks. the bookings have been pretty solid. advertising was okay. and generally speaking, our business performed well. and our interactive media group was profitable for the quarter. that's the first time the group has been profitable since we've been breaking it out. >> share
CSPAN
Feb 7, 2013 5:00pm EST
have a deficit. here's a project that gets substantial tax revenue without raising taxes through economic activity, through job creation. further and perhaps most importantly, it will help put our country within striking range of a long-sought goal -- true energy security. for the first time in generations, the united states with its friend and ally canada will have the capacity to produce more energy than we use, reducing or eliminating our reliance on the middle east and other volatile parts of the world. the argument has been advanced that the oil sands will increase carbon emissions and that failing to build the keystone x.l. will somehow reduce emissions. but let's look at that claim. that's the other piece. let's look at the environmental aspects of this project. today, more than 80% of all new recovery in the oil sands is being accomplished in situ, a technology that makes oil sands carbon footprint comparable to conventional drilling. in fact, the oil sands industry has reduced greenhouse gas emissions per barrel of oil produced by an average of 26% since 1990, with some
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